Anything could happen for sure but I like to keep my eye out for possible pattern formations.
It keeps me interested and in the game and leaves me open to great snipe opportunities!
A follow up / zoom out/ see the picture view of what I was describing in my last share about IF Bitcoin breaks low to the bottom of a large decending wedge
Checking out this Triangle forming on the 15minute chart. Interesting thing is that we are trading in a decending wedge (1hr)
if a triangle does fully form and breakout then this could mean a good breakthrough to the bottom side of the wedge we're trading within and it would also mean a decent close below a VERY STRONG support line on the 4Hr (Purple line).
I'll...
We had a break out through a strong Trend line then a perfect re-test of the bottom of the trend line now acting as resistance.
My only concern is the Daily RSI. Otherwise we are in a good position to Sell right now.
